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20121222
20121230
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KPIX (CBS) 3
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Search Results 0 to 4 of about 5 (some duplicates have been removed)
CBS
Dec 29, 2012 8:00am EST
able to get done. >> sidelined for now. house speaker john boehner. as they left they sounded like they were closing in on a compromise. >> think it was a very positive meeting. there was not a lot of hilarity in the meeting. everyone knows how important it is. >> we'll be working hard to try to see if we can get there in the next 24 hours, and so i'm hopeful and optimistic. >> the president said the american public is getting frustrated and losing patience with these last-minute negotiations. he says the least congress can do is protect most american tax pairs from rising tax rates due to take effect in the next couple of days. the least, it appears, rebecca, appears to be the most they can do. >> thank you. we'll check back later in the program. for more on how we got into this situation and what happens if nothing happens. michael santoly, it's great to have both of you with us. where does this stand right now? >> right now they're negotiating and things are being worked out behind closed doors by the top leaders in the house and senate and the white house, but particularly on t
CBS
Dec 28, 2012 7:00am EST
speaker john boehner oldered republicans back to the capitol for a rare sunday night session. republicans expect to vote then on whatever fiscal cliff bill the senate passes. all this one day before the deadline and the warnings of a recession that have rattled wall street and consumer confidence. >> they know it will have an anything ticket impact on the economy and they know it will have a negative impact on their families and they expect us to be here and work and we're not. >> deadlines are approaching. 2 million americans who have been out of work for more than 6 months will start losing their unemployment benefits tomorrow and the nation runs out of borrowing authority to finance or $16 trillion debt on monday. they can use extraordinary measures until they go into default. extraordinary. that might be a word that apply to then tire situation. >> major garrett, thank you very much. >>> republican bob corker of tennessee has offered proposaled to break this. senator, good morning to you. >> good morning, jeff. good to be with you. >> are we going over the fiscal cliff? >> it dmends o
CBS
Dec 28, 2012 7:00am PST
leaders, top democrats harry reid and nancy pelosi leading republicans mitch mcconnell and john boehner. no deal can be reached in past without their cooperation. with the meeting comes a glimmer of hope. in the past all the ifisical cliff talks meetings like this have been the least productive of all. whether he meant to or not the senate majority leader may have spoken for a nation exhausted by seemingly endless fiscal cliff negotiations. >> what's going on here? >> reporter: what indeed. president obama returned to the white house in a grim mood. he met with no congressional leaders and said nothing about his efforts to avert the fiscal cliff, talks continue between senior white house and congressional staff, but that's been true throughout this entire saga. with the deadline looming there were dire predictions. >> come the first of this year americans will have less income than they have today. >> reporter: and recriminations. >> now republicans have bent over backwards. we stepped way, way out of our comfort zone. we wanted an agreement. but we had no takers. >> reporter: the senate's
CBS
Dec 26, 2012 7:00am PST
break speaker john boehner was unable to get enough support from his fellow republicans to pass his plan, and after he failed he said it was up to the white house and democratic-led senate to avert going over the cliff. now senator majority leader harry reid is believed to be crafting a package of his own, a deal he'll dare house republicans not to pass with the end of the year deadline approaching. reid's plan is expected to extend bush-era tax cuts for households making less than $250,000 a year. it would also include short-term spending cuts instead of the massive cuts that would occur if there is no deal. the bill will also extend long-term unemployment benefits patch up the alternative minimum tax that threatens to hit even more middle class families and prevent a scheduled dropoff in medicare reimbursement to doctors. the house and senate will also return to washington from their holiday hiatus on thursday. that will give them a little less than five days to reach an agreement. if they fail automatic tax increases could send the economy back into recession. rebecca? >> thanks so mu
Search Results 0 to 4 of about 5 (some duplicates have been removed)